|May 26, 2006|
Crowflight Announces Webcast
|CROWFLIGHT MINERALS INC. (Crowflight, the Company) (TSX Venture Exchange: CML) is pleased to announce that as suggested in recent press releases announcing the results of drilling on its two recent new discoveries, the Company will host a webcast on Tuesday, May 30, 2006. The purpose of the webcast is to provide an update on the Company's Bucko Deposit development activities and planned summer activities on its Thompson Nickel Belt regional exploration program that is planned to commence in mid-June following-up on the new Apex and M11A discoveries.|
Date: Tuesday, May 30, 2006
Time: 10:30 AM EDT
Available on Crowflight Website: http://www.crowflight.com.
There will be a question and answer period following the webcast, call-in details will be provided prior to the webcast. This call will also be available as an archive on Crowflight's website following the completion of the webcast for a period of at least three months.
Crowflight -- The Base Metal Builder
Crowflight Minerals Inc. is a Canadian junior mining exploration and development company listed on the TSX Venture Exchange. The company is focused on nickel, copper and Platinum Group Mineral ("PGM") projects in the Thompson Nickel Belt ("TNB") and Sudbury Basin. The company currently owns and/or has under option approximately 600 square kilometres of exploration and development properties in Manitoba and Ontario.
In Manitoba, these properties include: (1) the Bucko Nickel Deposit; (2) an earn-in option with Falconbridge Limited on five highly prospective properties (Bucko/Bowden, Resting Lake, Rock Island Lake, Halfway Lake and Gonlin Lake) on the TNB South Project located within 30 kilometres of the Bucko Deposit; and (3) six additional properties (Burntwood River, Birchtree South, Birchtree North, Airport, Moak Lake and Strong Lake) located 100 kilometres to the north on the TNB North Project.
In the Sudbury Basin, these properties include: (1) the 100% owned AER Kidd Project adjacent to Inco's Totten Deposit (10.1 million tonnes grading 1.5% nickel, 2.0% copper and 4.8 g/t PGM's); (2) the 100% owned Peter's Roost Property, the subject of a recent joint venture agreement with Wallbridge Mining Co. Ltd.; and (3) the Airport Property (a 50/50 joint venture with Millstream Mines Ltd.) located 4 kilometres south, and on-strike, with Falconbridge's Nickel Rim South Deposit (13.2 million tonnes grading 1.7% nickel, 3.5% copper and 4.1 g/t PGM's).
Further information is available on the Company's web site at www.crowflight.com.
Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking statements. The Company cautions investors that the projections for increases to the Indicated Resources are based on Inferred Resources. There is no certainty that these projections will be added to the Indicated Resources or that they will be economically viable.
For further information please contact:
President and CEO
Tel: (416) 861 - 5900
Fax: (416) 861 - 8165
Tel: (604) 684 - 4743 ext 230
You can view the Next News Release item: Mon May 29, 2006, Crowflight Reports An Additional $1.0 Million In Cost Savings On Procurement Of Buildings And Crusher For Bucko Deposit
You can view the Previous News Release item: Wed May 24, 2006, Crowflight Continues to Intersect Nickel Mineralization in Bucko Deposit Resource Expansion Drilling
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